People often make trait judgments (e.g. John is intelligent) about themselves and others. Social perception researchers have attempted to study the accuracy of such judgments. Such studies raise the philosophical/conceptual question of what it means to say that a person's judgment is accurate. Two attempts have recently been made to taxonomize current research in terms of the notion of accuracy which has been adopted. My aim in this paper is twofold: first, to argue that the proposed philosophical taxonomies are problematic and, hence, should be abandoned, and second, to recommend adoption of an alternative "minimalist" notion of accuracy.